117
117
Apr 2, 2012
04/12
by
CSPAN
tv
eye 117
favorite 0
quote 0
we will not raise taxes. we will maintain our consistent, pragmatic, and responsible approach to the economy. we will take the necessary next steps to build confidence in our future. canadians need to be confident in our prospects for economic growth. this is the key not only to creating good jobs but also to sustaining our social programs and improving our quality of life. canadians also need to know that their government will be able to respond boldly to any future economic crises originating outside our borders. to provide this confidence, we must ensure that canada's finances are sustainable over the long term. to that end, we will fulfill the commitment we made in the economic action plan budget of 2009, to return to balanced budgets in the medium term. we are on track. in less than two years, we have already cut the deficit in half. we did it by ending our targeted and temporary stimulus measures, and by controlling the growth of new spending. now, in this budget we will take the next steps. we will imp
we will not raise taxes. we will maintain our consistent, pragmatic, and responsible approach to the economy. we will take the necessary next steps to build confidence in our future. canadians need to be confident in our prospects for economic growth. this is the key not only to creating good jobs but also to sustaining our social programs and improving our quality of life. canadians also need to know that their government will be able to respond boldly to any future economic crises originating...
SFGTV2: San Francisco Government Television
80
80
Feb 11, 2012
02/12
by
SFGTV2
tv
eye 80
favorite 0
quote 0
another indicate the tax is paid and another indicate the taxes in arrears. james lacy was paid in full and not in a rears. the tax in 1846 was cut in half from the previous year. the year 1847 shows something else. the people were taxed in may of 1847 and made to pay a 4 fold increase and in october of 1847, 15 times what they were paying in 1846. this amounted to a 900 percent increase in tax in less than a year. still james lacy was paid in full and not in arrears. i show the book to the librarian who knows i am reading papers to look for clearance notices and says, there's your answer now you know why they left. newspaper mentioned the establishment of insolvant commission. in commission states the tax afforded the clearance amongers the most effective means of getting rid of this agricultural population. some landlords were praised as humane for forgiving 3-4 year's rent or accepting what people could pay. these landlords were in the minority and the landlord of cottage where nie family lived was not among them. rate payer books for 1848 is missing. the
another indicate the tax is paid and another indicate the taxes in arrears. james lacy was paid in full and not in a rears. the tax in 1846 was cut in half from the previous year. the year 1847 shows something else. the people were taxed in may of 1847 and made to pay a 4 fold increase and in october of 1847, 15 times what they were paying in 1846. this amounted to a 900 percent increase in tax in less than a year. still james lacy was paid in full and not in arrears. i show the book to the...
74
74
Dec 12, 2012
12/12
by
CSPAN
tv
eye 74
favorite 0
quote 0
tax rates. the fact is you generate more revenues, you increase the effective tax rate of the wealthy more than going back to old tax policy. it is more politically acceptable for republicans to go that route. it is more in line with comprehensive tax reform, which is where we need to go. i am concerned they need to get real and focus on avoiding the cliff. they need to set targets for the grand bargain and focus on debt to gdp. >> i agree. optimistic. [laughter] i think david is right, the other side has become much stronger against any kinds of reforms to entitlement. recently. groups have really come up very strongly about, do not touch my social security, medicare, medicaid, and so forth. what we have to do, one thing that bothers me about all of this, if you really project where we are going to a sovereign debt crisis, which seems to be inevitable if we do not change these policies, the people who are really going to be hurt are the poor. 25% unemployment in greece and spain. imagine what t
tax rates. the fact is you generate more revenues, you increase the effective tax rate of the wealthy more than going back to old tax policy. it is more politically acceptable for republicans to go that route. it is more in line with comprehensive tax reform, which is where we need to go. i am concerned they need to get real and focus on avoiding the cliff. they need to set targets for the grand bargain and focus on debt to gdp. >> i agree. optimistic. [laughter] i think david is right,...
123
123
Feb 19, 2012
02/12
by
CSPAN
tv
eye 123
favorite 0
quote 0
if you let those tax cuts expire, it would be a tax increase on every working american. in the time of recession, that is not the thing we should do. that is why it had bipartisan support as we moved it through the house in terms of the final passage. looking back at the house bill that was passed in december, 95% of the republicans who voted for its, paid for it all. -- for it, would have paid for it all. we ran into stiff resistance. we reduced the number of weeks and allowed states to have standards like drug screening and things like that. we thought that was important. we included a package that was better than 2 to 1. i know that we are taping this on friday, but it airs on sunday. that friday, it was 2 to 1. >> republicans passed a bill that paid for the entire payroll tax extension. democrats point out that you did not insist the tax extension for the wealthy being paid for. how do you justify that difference? >> a couple of things. when we paid for the whole thing in december, we pay for it with a three-year freeze on all government salaries except for the milit
if you let those tax cuts expire, it would be a tax increase on every working american. in the time of recession, that is not the thing we should do. that is why it had bipartisan support as we moved it through the house in terms of the final passage. looking back at the house bill that was passed in december, 95% of the republicans who voted for its, paid for it all. -- for it, would have paid for it all. we ran into stiff resistance. we reduced the number of weeks and allowed states to have...
74
74
Jun 26, 2012
06/12
by
CSPAN3
tv
eye 74
favorite 0
quote 0
tax increases aren't going to pay down sequestration. that's just to get everyone at the table to talk about sequestration. there's no dollar for dollar offset here. same thing with obamacare, potentially. money is freeing up from the supreme court, for example. that fedepending on how they ru. the president's commission. that's become a favorite position for a lot of members because there was a lot of work and thought that went into it. what it gives us on the defense side is the exact recipe senator levin has outlined, which is there are significantly more defense budget reductions beyond the $487 billion as part of the budget act. if to you break down just the defense side, and i think it's always great to look at these in mass. it's important because it looks at the whole budget. that's key one. i'm glad that if we're going to dust off any plans, it's a plan to look across the federal government and federal spending at large. but if i'm just breaking down the defense piece, this plan centered around roughly $850 billion in reductions
tax increases aren't going to pay down sequestration. that's just to get everyone at the table to talk about sequestration. there's no dollar for dollar offset here. same thing with obamacare, potentially. money is freeing up from the supreme court, for example. that fedepending on how they ru. the president's commission. that's become a favorite position for a lot of members because there was a lot of work and thought that went into it. what it gives us on the defense side is the exact recipe...
111
111
Oct 21, 2012
10/12
by
FBC
tv
eye 111
favorite 0
quote 0
mandate tax is big, why hire another worker if you have to pay a mante tax, face i.r.s. probes and p accounting fees which crowd out the capital needed to create jobs. >> now that we admit it is a tax, that's one of the biggest things hurting small businesses right now. >> i think al the knee jerk tax haters on this panel can think about something fundamental about government finance. if the gornnt wrecks the economy by being big, it doesn't matter where it pays with a tax hike or your cret card. >> the fact is it matters a lot to small businesses, many of whom are up at night trying to think how to pay for it. >> 2.3% tax on medical device makers is a jobs killer. ettes one of our highest paying industries and many companies are putting offpening new plants and hiring more people. the wages paid in this industry are about 15% higher than the average wages in the country and it's killing the r & d a it's very bad for the economy. >> not only bad for the economy but bad for people worried about invasions from that particular industry. they'rgoing to have to pay for the ne
mandate tax is big, why hire another worker if you have to pay a mante tax, face i.r.s. probes and p accounting fees which crowd out the capital needed to create jobs. >> now that we admit it is a tax, that's one of the biggest things hurting small businesses right now. >> i think al the knee jerk tax haters on this panel can think about something fundamental about government finance. if the gornnt wrecks the economy by being big, it doesn't matter where it pays with a tax hike or...
134
134
Jan 31, 2012
01/12
by
CSPAN3
tv
eye 134
favorite 0
quote 0
thank you. >> got $5 million in tax breaks from the government through its generous corporate tax plan give-aways. after the photo op they decided to cut workers' salaries this half and slash the benefits and threaten to ship canadian jobs overseas. mr. speaker,s why this government handing out billions in no strings attached tax give aways and turning its back on workers. they're the only producer of th. when will this government step up to the plate in the interest of canadians and canadian workers? >> this is a sad situation, but this is a labor despite between private companies and the union. mr. speaker, we've been briefed by local conservative mps on the situation and we're concerned about workers and their fame. the jurisdiction, and so the government cannot interfere in that matter again mr. speaker. >> last week the member shocked the entire province by once again calling for an end to the sealing industry in canada. not only are his comments an insult to the families whose livelihoods depend on the hunt. a photo op from the member in a seal vest is not fooling anyone, mr. spe
thank you. >> got $5 million in tax breaks from the government through its generous corporate tax plan give-aways. after the photo op they decided to cut workers' salaries this half and slash the benefits and threaten to ship canadian jobs overseas. mr. speaker,s why this government handing out billions in no strings attached tax give aways and turning its back on workers. they're the only producer of th. when will this government step up to the plate in the interest of canadians and...
80
80
Feb 16, 2012
02/12
by
CSPAN3
tv
eye 80
favorite 0
quote 0
when puts a property tax on -- even if the building gets sold that property tax continues. it's a great model. and, again, what i'm trying to do is find financing models for this. on residential pace, putting a property tax on doing a retrofit, to finance a retrofit, the hffa will not give mortgages to a residenttial -- to a home with p.a.c.e. because p.a.c.e. would get paid back before the mortgage. do you think that is a wise policy and is there anything you could do to -- i have written them a letter. you would join my letter? >> well, i've been talking to shawn diamond a lot about this. and he and i are trying to be as supportive as possible. i think the issue that even the lenders don't want to even be -- let's say you loan $200,000 to buy a home and the homeowner wants another $10,000 for home energy improvements. and to be have equal footing in the payback. the lenders are fighting back. they say, no, we don't want to do that. you'll have to be high. that has to be -- they pace is viewed as essentially a mortgage. and it has to be behind the initial mortgage. so we'r
when puts a property tax on -- even if the building gets sold that property tax continues. it's a great model. and, again, what i'm trying to do is find financing models for this. on residential pace, putting a property tax on doing a retrofit, to finance a retrofit, the hffa will not give mortgages to a residenttial -- to a home with p.a.c.e. because p.a.c.e. would get paid back before the mortgage. do you think that is a wise policy and is there anything you could do to -- i have written them...
70
70
Apr 4, 2012
04/12
by
CSPAN3
tv
eye 70
favorite 0
quote 0
payroll tax rates, were pushed out another year. but we're going to have, unless other measures are taken, we're going to have fiscal spinning fall off in 2013. if nothing else that is going to be another drag on the economy. >> now, i'd like to just stay a little bit with the discussion we've been having, because i don't think we've framed the problem right. this is washington. we want to get through policy and prescription first. but prescription isn't worth a damn unless you do diagnosis right. now, there are three explanations broadly speaking, of this problem out there. one is a republican american enterprise institute explanation which i call the government failure hypothesis. that means you blame the fed for holding interest rates too low too long in the last expansion. and you blame the government for interfering in the housing market, fannie mae, freddie mac. community reinvestment act. and the policy prescriptions that come from that are very clear. >> uh-huh. >> number two is what i call the market failure hypothesis. tha
payroll tax rates, were pushed out another year. but we're going to have, unless other measures are taken, we're going to have fiscal spinning fall off in 2013. if nothing else that is going to be another drag on the economy. >> now, i'd like to just stay a little bit with the discussion we've been having, because i don't think we've framed the problem right. this is washington. we want to get through policy and prescription first. but prescription isn't worth a damn unless you do...
89
89
Apr 2, 2012
04/12
by
CSPAN3
tv
eye 89
favorite 0
quote 0
to them it really is an income tax. we can phrase it and frame it, but it's an income tax. and they pay it. and we ought to appreciate them for what they pay just as we appreciate billionaires for what they pay. i think anybody that pays taxes ought to be appreciated. somehow we tend to believe that poor people who pay a tax on all of their income somehow they're not paying as much of what they make in taxes. when in fact, on a percentage basis they're paying more. because they can pay the 1.45% and owl of their income, others will, too, but when it comes to social security, if they make say $30,000, they're going to pay that 4.2% on everything that they make. whereas a person who makes $110,001 will pay it only on the first $110,000. if you make a billion dollars you pay it on the first $110,000. >> it's even worse than that as any businessman will tell you, the employer's side of the payroll tax comes out of the wages they pay their workers so the tax to the individual to cover social security and medicare is not just the 6.5% after the temporary holiday, it's another 6.5
to them it really is an income tax. we can phrase it and frame it, but it's an income tax. and they pay it. and we ought to appreciate them for what they pay just as we appreciate billionaires for what they pay. i think anybody that pays taxes ought to be appreciated. somehow we tend to believe that poor people who pay a tax on all of their income somehow they're not paying as much of what they make in taxes. when in fact, on a percentage basis they're paying more. because they can pay the...
70
70
Jun 1, 2012
06/12
by
CSPAN3
tv
eye 70
favorite 0
quote 0
tax rate. we now have the highest rate in the world at 40% with state taxes included. it the chairman mentioned canada. canada has chopped their federal corporate tax rate to 15% now. what is astounding. if you look at the canadian 15% federal corporate tax rate and our 35% tax rate, in both countries the corporate tax raises about the same gdp of reeve knew. they collect just as much we do with a rate less than half as high. there's been a massive reduction in tax avoidance in canada. biggest loopholes in our corporate tax code are actually not the legislated loopholes like the ones for the industry industry and the like. they're automatic loopholes. if you have a high rate, it pushes companies to really bend the law to move their profits offshore in fancy ways with fancy financial accounting. if we lowered our rate, that money would come back to the united states. you know, you mentioned the difference between tech and energy companies. it is the tech companies that are probably the best at t
tax rate. we now have the highest rate in the world at 40% with state taxes included. it the chairman mentioned canada. canada has chopped their federal corporate tax rate to 15% now. what is astounding. if you look at the canadian 15% federal corporate tax rate and our 35% tax rate, in both countries the corporate tax raises about the same gdp of reeve knew. they collect just as much we do with a rate less than half as high. there's been a massive reduction in tax avoidance in canada. biggest...
76
76
Nov 7, 2012
11/12
by
KQEH
tv
eye 76
favorite 0
quote 0
state taxes, income tax es it's capitalism. ers on the of capital are winning so much more than laborers. capital has no roots, right? and to just deny that that's happening and not have a little bit of an activist tax policy about it, i think it's my ev. it's destructive and it's just absurd. >> my name is nelini stamp. i'm 24 yearsol >> nelini stamp is a community or anizer. she joined occupy wall street on its first day. >> i've been fed up with having to worry about living from paycheck to paycheck because of corporate greed and because we don't have a very high minimum wage in new utyork. i really just wanted to take a major leap in fighting back.ew i thk we need to, first of all, have public financing of elections. that is a huge deal.th onof the reasons is you know, why corporions --- because there's an unlimited amount o b donations that they can girlfriend political campaigns and it's about time that we all stand up and take this back. >> yea! >> i found my voe. i've been very apathetic, very cynical of the system that
state taxes, income tax es it's capitalism. ers on the of capital are winning so much more than laborers. capital has no roots, right? and to just deny that that's happening and not have a little bit of an activist tax policy about it, i think it's my ev. it's destructive and it's just absurd. >> my name is nelini stamp. i'm 24 yearsol >> nelini stamp is a community or anizer. she joined occupy wall street on its first day. >> i've been fed up with having to worry about living...
87
87
Mar 14, 2012
03/12
by
CSPAN3
tv
eye 87
favorite 0
quote 0
had the president not put an extra $1,000 in every family's pocket with the payroll tax cut, i think that we would have faced a much more significant chance of a double dip recession in 2011. the things he did then and his insistence on extending the payroll tax cut and up employment, i think provided a significant cushion to this recovery to absorb the external shocks that our economy took and help keep our economy resilient enough that we are in the position where we see the potential for more momentum in our economy. >> i would like to come back to gas prices for a second. but first, staying with the question of jobs, moving to looking ahead again and to a subject that you have thought a lot about, which is not just the quantity of jobs but quality of jobs. in this recession, what we particularly lost are middle school jobs. could be good jobs that could be held by people with high school educations. and what we've seen is a lot of lower skill jobs being added in food preparation and other areas. challenge that if you would like, but i would love to hear you look ahead. i would lo
had the president not put an extra $1,000 in every family's pocket with the payroll tax cut, i think that we would have faced a much more significant chance of a double dip recession in 2011. the things he did then and his insistence on extending the payroll tax cut and up employment, i think provided a significant cushion to this recovery to absorb the external shocks that our economy took and help keep our economy resilient enough that we are in the position where we see the potential for...
96
96
Apr 18, 2012
04/12
by
KPIX
tv
eye 96
favorite 0
quote 0
says that homeowners may continue to count their entire property tax bill as it did action. only some of their property taxes were deductible they want you to go through the delevan want you to identify certain taxes are based upon the value of the proper name is the difference can mean thousands of dollars on deductions and the size of a refund. it's like a marriage is not let us bless the whether the late notice of the changes could save hundreds? but by the time it ended at the last minutes. the change wasn't when demand is soaring but many people did abide by the defense will when violence this year is as pleasing in a refund but experts say they may not be worth that if they have to become to do it. that secret service prostitution scandal is escalating. the least 20 women were brought to the hotel and president obama's advance team will stay. they say the men were partying hard all week and started drinking at lunch. is there for the white house is standing by the agency's director. and we've learned that members of the present security team in colombia were parting at
says that homeowners may continue to count their entire property tax bill as it did action. only some of their property taxes were deductible they want you to go through the delevan want you to identify certain taxes are based upon the value of the proper name is the difference can mean thousands of dollars on deductions and the size of a refund. it's like a marriage is not let us bless the whether the late notice of the changes could save hundreds? but by the time it ended at the last minutes....
138
138
Apr 18, 2012
04/12
by
KPIX
tv
eye 138
favorite 0
quote 0
. >>> he may want to refile the last minute tax will change that could save you hundreds of dollars. >>> i felt i could hit a mountain another object passenger's heard on the pilot has to knows that what he missed that for another plane. a new sexual revolution the books so seductive it's causing the in the suburbs to do something they've never done before. the evening and left that stain is off tonight. >>> good evening not all children will be treated equally wonder of bare naked is one likely getting a buses and trains. all we haven't identified go. the seventh grade students take committed to school and back every day using is your chance to pass. possibly be able to free. >>> free bus rides. other students admit they to take the bus to school but don't pay at all. alike without paying. as the city would you expect? what did it on the back of the bus? >>> to that san francisco that runs the approves the plan from a low-income families a free pass. the average cost an estimated $4 million in san francisco month the regional metropolitan transportation commission to pay for it poss
. >>> he may want to refile the last minute tax will change that could save you hundreds of dollars. >>> i felt i could hit a mountain another object passenger's heard on the pilot has to knows that what he missed that for another plane. a new sexual revolution the books so seductive it's causing the in the suburbs to do something they've never done before. the evening and left that stain is off tonight. >>> good evening not all children will be treated equally wonder...
19
19
tv
eye 19
favorite 0
quote 0
profits were less than the tax breaks and subsidies. anything doesn't give into the mining corporations so how much money is left of them and. why develop the creation of an open pit mine and not prove the conditions for miners. in the domain because it's slow economically room it's a question of cost it's a fantasy your goals. because you know what's happening. let's say we improve the conditions of small miners and they produce a one thousand two hundred dollars an ounce. when the prices fall it's all over. so they're like sleeping. it out once they see good meat when they attack. this happened but if they came to the gold towns to work saying they contribute to sustainable development they need and this sustainable development has destroyed towns and peoples i think the problem is we must talk to the people here we should have the direct presence of high level executives the able do so to baptize a kid one day so that we can say we love them look at the because our god made us all equal. because we should begin humanitarian work. and
profits were less than the tax breaks and subsidies. anything doesn't give into the mining corporations so how much money is left of them and. why develop the creation of an open pit mine and not prove the conditions for miners. in the domain because it's slow economically room it's a question of cost it's a fantasy your goals. because you know what's happening. let's say we improve the conditions of small miners and they produce a one thousand two hundred dollars an ounce. when the prices fall...
97
97
Feb 19, 2012
02/12
by
CSPAN
tv
eye 97
favorite 0
quote 0
for those major tax -- the bush tax cuts the bush/obama tax cuts, it begs that we do need tax reform on the big play. as one that was on the super committee and lots of discussions, hundreds of hours it was equally divided between house and senate. one of the silver linings i saw happen was, what i expect to be the leadership led by dave camp. he is the chairman of the ways and means committee. in the senate, you see they will be coming together on the needed tax reform. maybe these provisions that expire will provide what is necessary to get to the finish line. yes, they expire december 31. for most americans, the impact does not hit until april 15 of 2014. the tax hike kicks in january 13, -- january of 2013, but you do need -- you do not pay taxes until the end of the year. that allows you time to say, what is it we have to do? i would like to see the rates come down. it could be simplified. talk about general electorates'. -- bge -- ge. let us figure it out. i had the chairman of pfizer in my district in my office not too long ago. he said, fred, switzerland has a tax rate of 13%
for those major tax -- the bush tax cuts the bush/obama tax cuts, it begs that we do need tax reform on the big play. as one that was on the super committee and lots of discussions, hundreds of hours it was equally divided between house and senate. one of the silver linings i saw happen was, what i expect to be the leadership led by dave camp. he is the chairman of the ways and means committee. in the senate, you see they will be coming together on the needed tax reform. maybe these provisions...
157
157
May 14, 2012
05/12
by
CSPAN2
tv
eye 157
favorite 0
quote 0
most people think obama raised his taxes. he cut taxes for 95% of americans. the other referred is for the state's keeping copps on the beat. when we went down we went down hard, and if every state had to follow its budget when we went down, they didn't have to lay off teachers, firefighters, nurses, first responders. one-third of the stimulus was keeping copps on the beach and kindergarten teachers hoping your kids. nobody knows that. so the stimulus that was successful in terms of quote on quote saving jobs that were created or saved, you have to teachers' jobs. nobody knows. so that was the kind of mistake even when you do the right thing and you don't know how to get the credit for it, that demoralizes people, and so i think that both sides could have performed better, not surprisingly. outsiders and insiders. the book is an attempt to help us learn from those mistakes so we can go forward. >> host: what about the bush tax cut, something that he's kept this far? it was in his address, it wasn't directly the fact and has continued. >> guest: i think it's ti
most people think obama raised his taxes. he cut taxes for 95% of americans. the other referred is for the state's keeping copps on the beat. when we went down we went down hard, and if every state had to follow its budget when we went down, they didn't have to lay off teachers, firefighters, nurses, first responders. one-third of the stimulus was keeping copps on the beach and kindergarten teachers hoping your kids. nobody knows that. so the stimulus that was successful in terms of quote on...
114
114
Feb 3, 2012
02/12
by
CSPAN
tv
eye 114
favorite 0
quote 0
would you agree with the cbo who has said the tax cuts like the 2001 and 2003 tax cuts provide the least bang for our bucks? >> i think that is debatable. they provide some demand from the point of view of putting more income in people's pockets. the other issue is how do they play into the long run and efficiency of the tax code? i have not talked about it today. i think there would be a lot of benefit of thinking about our corporate and personal income tax codes and improving those, reducing inefficient exemptions, broadening the base and so on. from a purely demand-side perspective, tax cuts to provide income, to provide spending, they may be less in some cases. you have to think about the role of the tax code in promoting growth in the long term. >> one other quick question. would you say that deficit finance tax cuts paid for themselves? >> except in very rare circumstances. i do not think many people would argue that tax cuts fully pay for themselves. the question is whether or not they improve the efficiency or growth. >> thank you. >> thank you. thank you dr.bernanke for visiting
would you agree with the cbo who has said the tax cuts like the 2001 and 2003 tax cuts provide the least bang for our bucks? >> i think that is debatable. they provide some demand from the point of view of putting more income in people's pockets. the other issue is how do they play into the long run and efficiency of the tax code? i have not talked about it today. i think there would be a lot of benefit of thinking about our corporate and personal income tax codes and improving those,...
100
100
Feb 2, 2012
02/12
by
CSPAN3
tv
eye 100
favorite 0
quote 0
but cbo, would you agree with cbo who has said that tax cuts, like the 2001-2003 tax cuts for the wealthiest provide the least bang for our buck in terms of job creation and reducing unemployment? >> i think that's debatable point. they provide some demand from the point of view of putting more income in people's pockets. i think the other issue though is that's the question on how do they play into the long run efficiency of the tax code? i haven't talked about it much today. i think there will be a lot of benefit without much budget airy costs of thinking about our personal income tax codes and improving those, reducing -- you know, reducing inefficient exemptions, broadsening the base and so on. so from a purely demand side perspective, you know, tax cuts do provide income, do provide sources spending. there may be less soin some cas. you also think about the role of the tax code and promoting growth in the long term. >> and just one other quick question before my time expires. you would say that deficit finance tax cuts tend to pay for themselves? >> no. except in very rare circumstances
but cbo, would you agree with cbo who has said that tax cuts, like the 2001-2003 tax cuts for the wealthiest provide the least bang for our buck in terms of job creation and reducing unemployment? >> i think that's debatable point. they provide some demand from the point of view of putting more income in people's pockets. i think the other issue though is that's the question on how do they play into the long run efficiency of the tax code? i haven't talked about it much today. i think...
17
17
tv
eye 17
favorite 0
quote 0
the taxes go. figure a little and then some of taxes go but the subsidy it means there is no there were formally support. from the developmental business and they should get started they should get this money communes they were very very pleased between the number of small businesses small businesses and the budget. high level of has. the majority of small and medium sized businesses do not believe there will be a positive change soon and this is of course a bad sign for government plans to diversify the economy away from raw materials and make it less vulnerable to external financial songs. look at the markets now oil rises above ninety nine dollars a barrel as australia says it will join europe and iran all boycott rising in the us are offset by concerns that iran could disrupt shifting. gears and stock markets open is likely higher with sentiment held by better than expected results from my phone maker lates the prior day. i am holding rose over four percent in london lifting difficulty to point
the taxes go. figure a little and then some of taxes go but the subsidy it means there is no there were formally support. from the developmental business and they should get started they should get this money communes they were very very pleased between the number of small businesses small businesses and the budget. high level of has. the majority of small and medium sized businesses do not believe there will be a positive change soon and this is of course a bad sign for government plans to...
28
28
tv
eye 28
favorite 0
quote 0
basically they have to get a license and pay taxes but living conditions in the region on good and many people are very poor. so we don't always make them do it. in winter they spend all day standing in the water even when it's up to minus forty degrees but they don't do that because they have good lives. here in kurdistan is very and klondyke people can say that the gold they gather is for personal use for example to make dentures from the precious metal a golden smile here is a symbol of prosperity and is considered the equivalent of a healthy bank deposit. well i don't feel any reverence for gold i mean they bring it to me and i make tea for them i take money for what i do it's just the material to me. golden tee to make them more beautiful basically having gold in your mouth is very healthy it helps gesture. a feeling that everything ok here. is meeting with the head of the gold palace family he first met a year ago the old man sold him twenty grams then this year's yield is much more modest when the youngest son killed took his own life the best goaltender in the family had been lo
basically they have to get a license and pay taxes but living conditions in the region on good and many people are very poor. so we don't always make them do it. in winter they spend all day standing in the water even when it's up to minus forty degrees but they don't do that because they have good lives. here in kurdistan is very and klondyke people can say that the gold they gather is for personal use for example to make dentures from the precious metal a golden smile here is a symbol of...
102
102
Nov 5, 2012
11/12
by
KQEH
tv
eye 102
favorite 0
quote 0
and tax relief is now on the way. today is a great day for america. >> the bush x cuts in a lot of ways were written like a subprime mortgage. you know, they weresh designed make people see certain things and not see a lot f the fine print. >> it's fully 30% to 40% of the benefits were going to the very to the income distribution, the top 1% and when you broke it down it was really the top 1/10 of the 1% that did so well because of the estate tax changes and because of changes in the top tax rates and changes to the capital gains taxes, and if you go to 2003, changesn the dividend tax. i mean, theis were all taxge breaks that were worth a vast amount to the ichest of americans. d worth very little to middle class americans. >> within a fewrt weeks after t legislationas passed, we all get a letteras that says congre and the president have given you this tax cut. and that's pretty much it for the middle class. but for higher income groups, the further forward you go in time, the bigger and bigger the benefits get. so it
and tax relief is now on the way. today is a great day for america. >> the bush x cuts in a lot of ways were written like a subprime mortgage. you know, they weresh designed make people see certain things and not see a lot f the fine print. >> it's fully 30% to 40% of the benefits were going to the very to the income distribution, the top 1% and when you broke it down it was really the top 1/10 of the 1% that did so well because of the estate tax changes and because of changes in...